VACAVILLE, Calif.–Travis Credit Union said it has joined the Federal Home Loan Bank of San Francisco’s 2024 Workforce Initiative Subsidy for Homeownership program (WISH) through which it will provide down-payment grants for residents in 12 Northern California counties.
The $5-billion Travis Credit Union said it will reserve funds to assist eligible low- to moderate-income first-time homebuyers with up to the annual maximum FHFA subsidy limit. The limit this year is $30,806 in down-payment assistance until the $13 million in WISH program funds are exhausted, according to the credit union’s news release.
According to Travis Credit Union, WISH grants are available on a first-come, first-served basis, and are intended for families and individuals who are ready to make the transition from renting to owning. The grants can be paired with local, state and federal mortgage loan programs, such as Fannie Mae HomeReady and Federal Housing Administration-insured mortgages, according to the announcement.
Daily News Headlines. To Your Inbox. Every Day. And It’s Free
The biggest, best and freshest news reporting in credit unions remains free, and now has an added bonus---free shipping to your email address! That’s right. Each morning CUToday.info delivers its daily Fresh Today news update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more. So stop paying those bank-fee-like subscription prices from other so-called “news” publications!
If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!
Please note that after signing up you may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance.
And did we mention it’s free?